Retl 262 exam 2 - Study guides, Class notes & Summaries

RETL 262 Exam 2 | Verified with 100% Correct Answers, A Grade Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $28,000; net cash used in investing activities was $10,000 and net cash used in financing activities was $12,000. If the beginning cash balance is $5,000, what is the ending cash balance? $11,000 A company's transactions with its creditors to borrow money and/or to repay the principal amounts of both short- and...